WhiteHorse Other Current Assets vs Common Stock Analysis

WHF Stock  USD 10.54  0.05  0.48%   
WhiteHorse Finance financial indicator trend analysis is more than just analyzing WhiteHorse Finance current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether WhiteHorse Finance is a good investment. Please check the relationship between WhiteHorse Finance Other Current Assets and its Common Stock accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WhiteHorse Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in WhiteHorse Stock please use our How to Invest in WhiteHorse Finance guide.

Other Current Assets vs Common Stock

Other Current Assets vs Common Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of WhiteHorse Finance Other Current Assets account and Common Stock. At this time, the significance of the direction appears to have almost no relationship.
The correlation between WhiteHorse Finance's Other Current Assets and Common Stock is 0.14. Overlapping area represents the amount of variation of Other Current Assets that can explain the historical movement of Common Stock in the same time period over historical financial statements of WhiteHorse Finance, assuming nothing else is changed. The correlation between historical values of WhiteHorse Finance's Other Current Assets and Common Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Other Current Assets of WhiteHorse Finance are associated (or correlated) with its Common Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Common Stock has no effect on the direction of Other Current Assets i.e., WhiteHorse Finance's Other Current Assets and Common Stock go up and down completely randomly.

Correlation Coefficient

0.14
Relationship DirectionPositive 
Relationship StrengthInsignificant

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.

Common Stock

Most indicators from WhiteHorse Finance's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into WhiteHorse Finance current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WhiteHorse Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in WhiteHorse Stock please use our How to Invest in WhiteHorse Finance guide.The current Selling General Administrative is estimated to decrease to about 3.7 M. The current Tax Provision is estimated to decrease to about 1 M
 2021 2022 2023 2024 (projected)
Operating Income31.1M60.2M73.6M38.3M
Other Operating Expenses4.3M49.2M52.6M55.3M

WhiteHorse Finance fundamental ratios Correlations

0.79-0.790.050.93-0.260.70.030.16-0.670.58-0.89-0.480.90.060.80.890.890.830.610.090.890.990.030.89-0.7
0.79-0.71-0.070.71-0.160.680.040.06-0.70.47-0.71-0.330.7-0.080.570.70.690.620.550.120.730.79-0.110.7-0.69
-0.79-0.710.03-0.630.24-0.350.11-0.070.3-0.570.850.82-0.87-0.09-0.43-0.61-0.61-0.7-0.35-0.03-0.56-0.82-0.08-0.620.32
0.05-0.070.030.150.22-0.28-0.320.73-0.340.42-0.01-0.060.17-0.180.210.250.190.33-0.47-0.610.210.01-0.210.26-0.18
0.930.71-0.630.15-0.440.630.120.14-0.680.6-0.77-0.380.81-0.040.890.920.950.880.510.120.940.87-0.070.92-0.71
-0.26-0.160.240.22-0.44-0.03-0.280.27-0.19-0.140.190.33-0.190.02-0.38-0.37-0.44-0.34-0.12-0.34-0.33-0.190.0-0.37-0.1
0.70.68-0.35-0.280.63-0.030.470.11-0.610.01-0.60.190.40.130.560.460.510.430.950.040.560.70.10.45-0.61
0.030.040.11-0.320.12-0.280.470.00.12-0.380.070.4-0.28-0.080.16-0.15-0.090.150.57-0.02-0.150.0-0.07-0.160.16
0.160.06-0.070.730.140.270.110.0-0.25-0.06-0.290.130.070.350.130.150.140.310.04-0.940.120.160.310.15-0.01
-0.67-0.70.3-0.34-0.68-0.19-0.610.12-0.25-0.560.48-0.01-0.610.24-0.73-0.71-0.7-0.56-0.340.01-0.77-0.640.29-0.710.96
0.580.47-0.570.420.6-0.140.01-0.38-0.06-0.56-0.34-0.650.78-0.570.570.690.610.62-0.190.280.650.55-0.590.71-0.62
-0.89-0.710.85-0.01-0.770.19-0.60.07-0.290.48-0.340.54-0.83-0.44-0.59-0.71-0.77-0.76-0.570.15-0.71-0.9-0.41-0.710.47
-0.48-0.330.82-0.06-0.380.330.190.40.13-0.01-0.650.54-0.730.01-0.23-0.46-0.43-0.530.17-0.18-0.34-0.50.01-0.470.05
0.90.7-0.870.170.81-0.190.4-0.280.07-0.610.78-0.83-0.73-0.040.710.830.820.80.280.140.810.9-0.060.84-0.66
0.06-0.08-0.09-0.18-0.040.020.13-0.080.350.24-0.57-0.440.01-0.04-0.16-0.090.03-0.010.28-0.45-0.060.091.0-0.090.3
0.80.57-0.430.210.89-0.380.560.160.13-0.730.57-0.59-0.230.71-0.160.860.890.820.410.160.840.74-0.180.86-0.76
0.890.7-0.610.250.92-0.370.46-0.150.15-0.710.69-0.71-0.460.83-0.090.860.960.80.30.140.960.85-0.121.0-0.74
0.890.69-0.610.190.95-0.440.51-0.090.14-0.70.61-0.77-0.430.820.030.890.960.830.370.120.950.840.00.96-0.73
0.830.62-0.70.330.88-0.340.430.150.31-0.560.62-0.76-0.530.8-0.010.820.80.830.32-0.090.750.78-0.040.81-0.53
0.610.55-0.35-0.470.51-0.120.950.570.04-0.34-0.19-0.570.170.280.280.410.30.370.320.050.40.620.260.29-0.36
0.090.12-0.03-0.610.12-0.340.04-0.02-0.940.010.280.15-0.180.14-0.450.160.140.12-0.090.050.160.07-0.420.14-0.24
0.890.73-0.560.210.94-0.330.56-0.150.12-0.770.65-0.71-0.340.81-0.060.840.960.950.750.40.160.84-0.10.96-0.82
0.990.79-0.820.010.87-0.190.70.00.16-0.640.55-0.9-0.50.90.090.740.850.840.780.620.070.840.060.85-0.67
0.03-0.11-0.08-0.21-0.070.00.1-0.070.310.29-0.59-0.410.01-0.061.0-0.18-0.120.0-0.040.26-0.42-0.10.06-0.120.34
0.890.7-0.620.260.92-0.370.45-0.160.15-0.710.71-0.71-0.470.84-0.090.861.00.960.810.290.140.960.85-0.12-0.74
-0.7-0.690.32-0.18-0.71-0.1-0.610.16-0.010.96-0.620.470.05-0.660.3-0.76-0.74-0.73-0.53-0.36-0.24-0.82-0.670.34-0.74
Click cells to compare fundamentals

WhiteHorse Finance Account Relationship Matchups

WhiteHorse Finance fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets631.2M719.0M851.0M796.5M730.8M622.8M
Short Long Term Debt Total598.0M384.9M476.8M470.3M386.8M353.3M
Other Current Liab(10.9M)(11.4M)(12.7M)(11.0M)(13.1M)(12.5M)
Total Current Liabilities10.9M11.4M12.7M2.3M27.2M28.5M
Total Stockholder Equity313.0M312.9M349.8M332.4M316.8M311.8M
Other Liab143K372K839K825K742.5K1.0M
Net Debt294.6M376.8M464.6M431.7M(10.7M)(10.2M)
Retained Earnings12.2M12.9M10.6M(6.9M)(21.5M)(20.4M)
Accounts Payable10.9M11.4M12.7M13.4M13.1M9.6M
Cash4.3M8.1M12.2M9.5M10.7M10.2M
Non Current Assets Total589.7M690.7M819.2M109.7M1.3B1.3B
Non Currrent Assets Other(631.2M)(719.0M)(851.0M)(1.4B)(696.2M)(661.4M)
Other Assets30.9M8.9M12.1M18.9M(558.4M)(530.5M)
Long Term Debt182.1M176.0M298.9M440.4M506.5M531.8M
Cash And Short Term Investments4.3M8.1M12.2M660.0M10.7M10.2M
Net Receivables6.4M11.2M7.5M8.1M8.9M6.6M
Liabilities And Stockholders Equity631.2M719.0M851.0M796.5M730.8M622.8M
Non Current Liabilities Total298.9M384.9M476.8M461.8M27.2M25.8M
Other Current Assets(33.9M)1.1M1.3M(35.1M)1.2M1.3M
Other Stockholder Equity300.7M300.0M339.2M339.2M338.3M318.8M
Total Liab318.3M406.1M501.3M464.1M414.0M310.9M
Total Current Assets10.7M19.3M19.7M667.9M20.8M19.8M
Net Tangible Assets313.0M312.9M349.8M332.4M382.2M321.3M
Long Term Investments589.7M690.7M819.2M760.2M696.2M587.3M
Capital Surpluse302.3M301.6M300.7M339.2M390.1M327.8M
Net Invested Capital612.0M698.1M826.5M773.6M703.2M718.8M

Currently Active Assets on Macroaxis

When determining whether WhiteHorse Finance is a strong investment it is important to analyze WhiteHorse Finance's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact WhiteHorse Finance's future performance. For an informed investment choice regarding WhiteHorse Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WhiteHorse Finance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
For more detail on how to invest in WhiteHorse Stock please use our How to Invest in WhiteHorse Finance guide.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WhiteHorse Finance. If investors know WhiteHorse will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WhiteHorse Finance listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.02
Dividend Share
1.54
Earnings Share
0.45
Revenue Per Share
4.192
Quarterly Revenue Growth
(0.12)
The market value of WhiteHorse Finance is measured differently than its book value, which is the value of WhiteHorse that is recorded on the company's balance sheet. Investors also form their own opinion of WhiteHorse Finance's value that differs from its market value or its book value, called intrinsic value, which is WhiteHorse Finance's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WhiteHorse Finance's market value can be influenced by many factors that don't directly affect WhiteHorse Finance's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WhiteHorse Finance's value and its price as these two are different measures arrived at by different means. Investors typically determine if WhiteHorse Finance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WhiteHorse Finance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.